161 Belmont Avenue, Belmont, WA, 6104

Property Summary

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Type Residential Sale
Price EXPRESSION OF INTEREST
Suburb Belmont
Property Type House
Land Size 819 m2
Council Rates $1,327 per year
Water Rates $1,029 per year
Open Times cal Saturday, 23 Jun 2018
11:00 am - 11:30 am

Property Tools

819sqm R20/50/100 - Development Potential

Located only 650 metres from the upgraded Belmont Forum this property will suit the savvy investor or developer. It is extremely tired which allows an investor to "add value" and sit on this R20/50/100 site. There is only so many of them and they are getting re-developed at a fast rate. Alternatively, developers, this is good value as its land only value, bus route right out front and whether you build townhouses or apartments you can catch city glimpses.

This block has many re-development options, the sellers are looking for offers, they are highly motivated to sell being a past family home of theirs and the recent loss of their dad.

• Potential for 7-12 apartments dependent on configuration/rooms
• Potential for 3 townhouses
• Potential for 2 single level homes
• Potential to retain existing home and create a second block

This property is being marketed by way of Expressions of Interest. It can be sold "as is" or with all appliances in working order dependent on negotiations.
It will be compliant to electrical RCD and Smoke Alarm laws.

Please note images of Belmont Forum are not taken from the property.

For a full set of images please email ross@welshrealestate.com.au

Make an Enquiry

Ross Kretschmar

Ross Kretschmar

P: 08 9270 7200

M: 0418907515

F: (08) 9270 7222

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